There’s $1 bn burning a hole in Google’s pocket. Google Ventures, the company’s venture capital arm, is looking to put that money into the market, according to Business Insider, with ‘big data’ a particular focus.

Google Ventures is one of CloudStory Data’s first backers (launched this week), and more launches, with Google Ventures, are coming in the next few weeks.

Google is expected to put its billion dollars into the market over the next five years – at $200 mn per year – in ventures ranging ‘from tech to science.’

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Source: Business Insider

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